AbNamjoshi

Chart of the week. Maruti Suzuki. 1/9/23.

Long
NSE:MARUTI   MARUTI SUZUKI IND
After multiple attempts, Maruti has given breakout this week above 10,000. Now the stock would trade in blue zone so there won't be a fixed upper limit. This is one of my favorite stock and I am recommending since 8100. Each Investor should have this Blue Chip in their portfolio. Some companies, such as Maruti, are fundamentally so well that it can be bought at any time and at any price. Breakout like these should not be missed and one should hold this stock for long term. I personally do not recommend stop loss for these companies but traders can keep following SL and initiate the trade.

CMP - 10331 (1/9/23)
T - 13600, 17300 W
SL - 9300 W
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